Continuing to trade within the descending channel
Following the insights into the BoE, GBP got quite a bid. I had closed my earlier trade (Didnt have time to post) for a +150 pip win at the beginning of the week in anticipation of this.
I feel that this bid will likely be short lived, confounded predominately by the sell of in stocks given the dollar a boost. Confluence with previous SD zone to be noted also
I expect wee will see the bottom of the channel again within the next fortnight.
Stops above the old high. Risk Accordingly.
Trade Safe
I feel that this bid will likely be short lived, confounded predominately by the sell of in stocks given the dollar a boost. Confluence with previous SD zone to be noted also
I expect wee will see the bottom of the channel again within the next fortnight.
Stops above the old high. Risk Accordingly.
Trade Safe
